Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Habib who wrote (12748)	12/14/1999 5:46:00 PM
From: Bipin Prasad	Read Replies (1) \| Respond to of 19080

wsj;Oracle Tops Analyst Forecasts As Revenue Increases 13% An INTERACTIVE JOURNAL News Roundup Database-software giant Oracle Corp. late Tuesday blew past analysts' estimates by posting a 40% jump in fiscal second-quarter net income. For the fiscal second quarter ended Nov. 30, the Redwood Shores, Calif., company reported net income of $384.5 million, or 26 cents a diluted share, compared with $274.1 million, or 19 cents a share, in the year-ago period. That topped the consensus estimate of analysts surveyed by First Call/Thomson Financial for net income of 22 cents a share and also beat "whisper" numbers making the rounds on Wall Street of 24 cents a share. Revenue, meanwhile, increased 13% to $2.32 billion from $2.06 billion in the year-ago period. Company Profile: Oracle Oracle said total software license revenue grew 18% compared with last year. Database-software sales increased 17% to $651 million, while applications-software sales increased 31% to $168 million, Oracle said. Services revenue increased 10% to $1.4 billion. Like most other business-software companies, Oracle is trying to transition away from the less-flashy enterprise resource planning market to the so-called e-business sector. In November, Oracle announced a major deal with Ford Motor Co. to create a new company to manage the No. 2 auto maker's $300 billion extended supply chain over the Internet. Ford will be the majority owner of Auto-Xchange, which Oracle will run using its new trading-exchange software. The venture is expected to generate as much as $1 billion in revenue within 18 months. 2qr was beautiful, but it's over. Time to look into future now. InSook Prasad

To: Richard Habib who wrote (12748)	12/14/1999 6:09:00 PM
From: Bipin Prasad	Read Replies (2) \| Respond to of 19080

nasdaq.com for CC. InSook Prasad

To: Richard Habib who wrote (12748)	12/14/1999 7:35:00 PM
From: John Wright	Read Replies (1) \| Respond to of 19080

Richard, thanks for your revenue analyis on your earlier post. It's nice to see some detailed analysis wedged in between some of the carte blanche hype and cheerleading. I generally agree with your less than stellar view of the quarterly results. i.e. the largest portion of the ORCL revenue pie(60%) declined 40% year over year in the quarter while the second largest portion (28%) only grew at 17%. The smallest portion, apps (7%), at 31% seems impressive but big rates on a small pieces of the total revenue pie are not the drivers. Given the hype around CRM, Strategic procurement and e-Business I was expecting at least 40-50% here. I too am very much interested in hearing Jeff Henley's comments on the CRM and Strategic procurement apps growth rates during the quarter. Last quarter I believe that segment of their business actually declined over the previous quarter. 31% vs 45%?? What was the growth rate this quarter? Some comments on the state of their apps hosting Business On-line would also be worthwhile. Thoughts, opinions, anyone? John P.S. For the record and objectivity I liquidated all of my ORCL positition at 45 two months. So my comments above should be judged in light of this.